News

BEAVERTON, Ore. -- The financial turmoil shows the country needs credit unions "more than ever", U. S. Sen. Ron Wyden, (D-Ore.) told Oregon CU leaders here.

BEAVERTON, Ore. -- The financial turmoil shows the country needs credit unions "more than ever", U. S. Sen. Ron Wyden, (D-Ore.) told Oregon CU leaders here.

MADISON, Wis. -- Measures by the governments to get national and worldwide financial systems back on track coupled with the stock market flip flops may lead to an increase in short term selling.

FARMERS BRANCH, Texas -- The destruction from Hurricane Ike and the ability of credit unions to overcome tragedy and aid one another presented extraordinary "significance and meaning" to International Credit Union Day, the president/CEO of the Texas Credit Union League, Dick Ensweiler, declared in an e-mailed message to league members.

WASHINGTON -- Housing starts fell 6.3% last month to a seasonally adjusted annual rate of 786,000, the lowest level since 1991, the Commerce Department reported today.

SAN DIMAS, Calif. -- Thanks to credit union pioneer Roy Bergengren's concern over predatory lending around the world back in the 1950s, credit unions are now located in places never dreamed, World Council of Credit Unions President Pete Crear told an international Webcast audience yesterday.

ALEXANDRIA, Va. -- The NCUA approved a temporary corporate credit union liquidity guarantee program that will operate from Oct. 16, 2008 through June 30, 2009.

BOSTON -- The difficult times many retail brokerage firms are going through may be putting a strain on the client/broker relationship, making it difficult for brokers to continue to grow their books of business.